In the News

Find out the latest news on Centurion as it happens. Learn about our most recent acquisitions, major transactions, and/or company developments. Visit the archive for past press releases and company announcements.

February 4, 2022

Centurion Apartment REIT Announces the Acquisition of a New Multi-Residential...

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the completed acquisition of the first phase of two phases of Metro Scott Road, a newly constructed multi-residential property in Surrey, British Columbia. This new acquisition is Centurion’s second in Surrey and features two 6-storey, luxury rental buildings with 4,728 square feet of ground floor commercial space. The project is situated at 11018 and 11088 126A Street, five minutes away from Fusion, another multi-residential property which Centurion acquired in September 2019.

Read More

February 3, 2022

Centurion Apartment REIT Announces the Largest Single Multi-Family Acquisition...

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is proud to announce the completion of the acquisition of two-thirds ownership in an apartment portfolio in Montreal, Quebec and has also officially executed an agreement to acquire the remaining one-third ownership interest in the portfolio, resulting in Centurion’s 100% ownership of the 30 properties. This remaining one-third is slated to close early to mid-year 2022.

Read More

Centurion News

January 27, 2022

Centurion Apartment REIT Announces the Pending Acquisition of a Land Assembly...

Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of a land assembly comprising six single-family lots, which directly neighbour Centurion’s growing Langford apartment portfolio. Located at 827 A, 827 B, 827 C, 827 D Hockley Ave., 2860, 2866 Peatt Road, Langford, BC, the Site is currently improved with older single-family homes. “Upon closing of the acquisition, Centurion intends to explore various development options on the Site, to continue building on the existing and growing footprint established in the surrounding community and capture further economies of scale.” says Greg Romundt, Centurion President and CEO.

Read More